On May 14th, the Council of the EU adopted a comprehensive legislative package which will reduce risks in the banking sector and further reinforce banks’ ability to withstand potential shocks.
Continuă lectura „Measures to reduce risk in the banking system”New measures to address non-performing loans
On 18th of December, the European Parliament and the Council agreed a new framework for dealing with banks’ bad loans. They reached a provisional political agreement on capital requirements applying to banks with non-performing loans (NPLs) on their balance sheets. The deal will now be submitted for endorsement by EU ambassadors according to the Council’s press release.
Continuă lectura „New measures to address non-performing loans”